Shares of Capital Metals plc (LON:CMET – Get Free Report) reached a new 52-week low on Tuesday. The stock traded as low as GBX 3.50 and last traded at GBX 3.64, with a volume of 14,182 shares trading hands. The stock had previously closed at GBX 3.65.
Capital Metals Trading Down 0.3%
The firm’s 50-day simple moving average is GBX 3.77 and its 200 day simple moving average is GBX 4.55. The stock has a market cap of £17.93 million, a P/E ratio of -14.39 and a beta of 0.57.
Capital Metals Company Profile
Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential.
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